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Apr 18, 2013
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apple shed nearly 6%. the slide came on the heels of reports of dwindling demand for the ipad mini. >>> and google is barring anyone chosen for a pair of its $1,500 google glasses from selling or loning out the eye wear. the terms of service states, quote, you may not resell, loan, transfer or give your device to any other person. google reserves the right to deactivate the device. >>> this is probably a good time to announce i'll be getting a pair. but they won't leave my hands. >>> comiing up, mike allen join me for the latest of what's next for the president's gun control legislation after yesterday's crippling blow in the senate. you're watching "first look." ♪ (announcer) wake them up with breakfast-favorite flavors like salmon, egg, cheese, and whole grain oats. friskies. now serving breakfast. >>> turning back, now, to our top political story. wednesday, the senate voted against several gun control measures. joining me now for more on this, is mike allen, chief white house correspondent for politi
apple shed nearly 6%. the slide came on the heels of reports of dwindling demand for the ipad mini. >>> and google is barring anyone chosen for a pair of its $1,500 google glasses from selling or loning out the eye wear. the terms of service states, quote, you may not resell, loan, transfer or give your device to any other person. google reserves the right to deactivate the device. >>> this is probably a good time to announce i'll be getting a pair. but they won't leave my...
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Apr 18, 2013
04/13
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KNTV
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the one-time darling apple shedding near 6%, briefly breaking $400 a share for the first time in more than two years. that came on the heels of reports of dwindling demand for the ipad mini. >>> and google reports earnings topd and what could be a first for that company. it's trying to bargain opening a pair of $1,500 google glasses from selling or loaning them out. the company's terms of service specifically states, quote, you may resell, loan, transfer or give your device to any other person. google reserves the right to deactivate the device. end quote. >>> investigators in the boston marathon bombings have been pulling together an astounding amount of forensic evidence. and now have images of a potential bombing suspect, next. >>> now to the continuing investigation into who is behind the deadly bombings at the boston marathon. the headline on the front page of this morning's "boston globe" reporting "authorities now have an image of suspect." joining us now to discuss these latest is quint van sant. they're reporting an individual 6 feet tall wearing a baseball cap, what do you m
the one-time darling apple shedding near 6%, briefly breaking $400 a share for the first time in more than two years. that came on the heels of reports of dwindling demand for the ipad mini. >>> and google reports earnings topd and what could be a first for that company. it's trying to bargain opening a pair of $1,500 google glasses from selling or loaning them out. the company's terms of service specifically states, quote, you may resell, loan, transfer or give your device to any...
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Apr 19, 2013
04/13
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KGO
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you can down load to your iphone or lap top through apple's app store. >> it could be handy. all right. education news. 63% of adults say the state does not spend enough money on public skpools a majority improve of the plan to increase funds tochool e gllearners and lower incom students.thel found support in giving schools more flexibility in how they spend state money. >> more than 14 thousand new freshman have been received to cal berkeley. a record high number of april politics were received this year. nearly 68,000. cal officials say class of an average gpa of 3.9 and a diverse background. 9,000 from california and women represent about 54% of the admitted students. >> san francisco new exploratorium offering nun yeek views on the water front. take a look at this laser light art show. so cool. crowds gathered to watch the figures change. the light show is project frtd roof here at abc 7. official tv partner of the exploratorium. there is another free light show tonight. you can see it's cool stuff. >> that is going to be on our web site, of course. >> still ahead getting
you can down load to your iphone or lap top through apple's app store. >> it could be handy. all right. education news. 63% of adults say the state does not spend enough money on public skpools a majority improve of the plan to increase funds tochool e gllearners and lower incom students.thel found support in giving schools more flexibility in how they spend state money. >> more than 14 thousand new freshman have been received to cal berkeley. a record high number of april politics...
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Apr 18, 2013
04/13
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KGO
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you can track your own traffic at apple app and google play. >> five things to know before you go. >> the only news returns in 60 >> as we hand things off to "good morning america" here are five things to know. the 1906 great earthquake commemoration was interrupted because of a bomb scare so the ceremony was moved because of a suspicious package but was moved back after the all clear. the suspicious package was nothing dangerous. >> number two, authorities say up to 15 people are dead and a number of injuries approaching 200 following a massive explosion at a fertilizer plants near waco, texas, and firefighters are among the dead. police say it is not clear how many could be trapped. >> develop news from boston, investigators say they now have clear video images of two men suspected in monday's boston marathon bombings that were so deadly. they plan to release the photos later today and they hope the public will be able to help them identify those two men seen in the video. >> those the pictures we are talking about right there. >> back here, san francisco police are investigating an
you can track your own traffic at apple app and google play. >> five things to know before you go. >> the only news returns in 60 >> as we hand things off to "good morning america" here are five things to know. the 1906 great earthquake commemoration was interrupted because of a bomb scare so the ceremony was moved because of a suspicious package but was moved back after the all clear. the suspicious package was nothing dangerous. >> number two, authorities say...
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Apr 18, 2013
04/13
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KRON
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and an apparent drop in demand for apple i- pods and i-phones. also contributed to the drop. here are the closingthe dow lost 138- points nasdaq fell 60- points. the s-and-p 500. fell 22- points. >> jacqueline: it certainly was nice out today with two- five degrees warmer and here is a look at our high temperatures. the 60s, the 70's, nearly everywhere. half moon bay, was 57 degrees. 60s and santa rosa. 71 in richmond. '70s in oakland really a nice afternoon. it remains a fairly nice evening. still, 58 in richmond. sunnyvale, and pleasanton is going to be a mild night tonight. the wind has died down and it will stay warm overnight. with 40's tomorrow. mild temperatures and the calm winds even if warmer with two-five degrees of warming up expected. that will continue for the weekend. i will tell you more about that and a look a your extended forecast, coming up. for the first time in more >> pam: than 40 years. san francisco's exploratorium has a new home along the waterfront. kron 4's maureen kelly was there for the re-opening. and gives us peek inside >> reporter: the new lo
and an apparent drop in demand for apple i- pods and i-phones. also contributed to the drop. here are the closingthe dow lost 138- points nasdaq fell 60- points. the s-and-p 500. fell 22- points. >> jacqueline: it certainly was nice out today with two- five degrees warmer and here is a look at our high temperatures. the 60s, the 70's, nearly everywhere. half moon bay, was 57 degrees. 60s and santa rosa. 71 in richmond. '70s in oakland really a nice afternoon. it remains a fairly nice...
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Apr 18, 2013
04/13
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KNTV
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. >>> apple below $400 a share at 3 $399. google around microsoft report profits. take a look at the fun video. from san francisco, 10,000 iphones lined up and falling like dominos. who has 10,000 iphones. it is cgi. they thought, what better way to advertise their skills than to make an incredibly cool youtube video. it took a month for them to put it together and studied how iphones call against carpet. >> it looked pretty realistic. a little mind-blowing on apple. >>> that's what's happening "today in the bay" as we leave you today. a live look at the cathedral of the holy cross in boston where president obama will attend a prayer service along with the first lady, of course, in honor have the victims of the boston marathon bombings. the crowd has already assembled there. we will be back with a local live news update at 7:25 this morning. >>> and every half hour of that, we will leave you with this shot as people gather prayer and come together to try to heal in boston. see you tomorrow. have a great day! breaking news. extreme devastation. that's how officials
. >>> apple below $400 a share at 3 $399. google around microsoft report profits. take a look at the fun video. from san francisco, 10,000 iphones lined up and falling like dominos. who has 10,000 iphones. it is cgi. they thought, what better way to advertise their skills than to make an incredibly cool youtube video. it took a month for them to put it together and studied how iphones call against carpet. >> it looked pretty realistic. a little mind-blowing on apple. >>>...
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Apr 18, 2013
04/13
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KRON
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watching apple's stock, apple at the $400 mark and down 758 a share. somomg,g, stop. jack, your new chipotle chicken club is craze amaze. annnd chipotle is totes trending. spspicicy crispy chicken, hicky smoked bacon,on memeltlting cheese, and smoky chipotle sauce plus fries anand d a drink for $4.99? tht combo is chipot-cray. anand d chipotle is my hashtag faveflave. lelet t me guess-you're the nw social media intern.nt yeyeahah! grgreaeat. i'm late for a mee. can you make some copies? .....w.with the tanning bede "the"tre are a some people who say it's the best yogurt they've ever tasted. and there are some people who haven't tasted it yet.t. delicious, nonfat, authenticic delicgreek strained yogurt.cic extraordinary fruit flavors.s. the fage total split cup. the fplain extraordinary." >> welcome back, we're tracking a major hot spot with a monster is back up on interstate 580 in the westbound direction. ec live video from the scene, the two right lanes remain blocked as we await a caltrans sweeper to pick up this. this is left over from a dual big rig accident that
watching apple's stock, apple at the $400 mark and down 758 a share. somomg,g, stop. jack, your new chipotle chicken club is craze amaze. annnd chipotle is totes trending. spspicicy crispy chicken, hicky smoked bacon,on memeltlting cheese, and smoky chipotle sauce plus fries anand d a drink for $4.99? tht combo is chipot-cray. anand d chipotle is my hashtag faveflave. lelet t me guess-you're the nw social media intern.nt yeyeahah! grgreaeat. i'm late for a mee. can you make some copies?...
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Apr 18, 2013
04/13
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KTVU
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apple's stock is down 42% from $505 a share. one money management group says it could fall into the 300s. >> did you ever think you would say that in. >> i wish i bought it. >>> investigation into the boston marathon pointing, why cell video is more helpful that surveillance video, stay tuned. richard. >>> major will lead the -- mayor jean quan will lead the area despite the owner's team to move the team to san francisco. >>> well, last night's highlight in the win over portland, stefan curry broke the season shot record and made 273 points and will meet with denver colorado sunday afternoon. >>> candle stick park drew dozens of fans in the wake of the bombing. no major problems were reported. the game ended by the way in a scoreless tie. >>> a big part of the investigation into the bombing is analyzing surveillance and cell phone video. we spoke to video forensics experts to see what they were looking for and even if the images were not clear, high tech software can help them to identify a suspect. they also can figure out how
apple's stock is down 42% from $505 a share. one money management group says it could fall into the 300s. >> did you ever think you would say that in. >> i wish i bought it. >>> investigation into the boston marathon pointing, why cell video is more helpful that surveillance video, stay tuned. richard. >>> major will lead the -- mayor jean quan will lead the area despite the owner's team to move the team to san francisco. >>> well, last night's highlight...
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Apr 18, 2013
04/13
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KPIX
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for the first time in nearly two years, apple stock price fell below $400. a drop in demand for ipod and iphone products led investors to sell off that stock. shares fell from an all-time high in september of $705 to close at $402 yesterday. >>> 4:52. coming up, realtime validation. why one bay area city wants to start counting cyclists. >> and the san francisco waterfront lit up to celebrate a new tenant. ,,,,,,,,,,,,,,,,,, >>> we have a pollen count today which favors mulberry, oak and grass. watch out. >> and we're still watching this breaking news in downtown san francisco. a lot of police on scene investigating something suspicious. we know the bomb squad is out there and they're telling people to avoid the intersection near 3rd and market. muni and bart may be impacted. much more coming up. >>> commuting in san francisco is about to get a little easier if you traveling by bicycle. the city is going to install its first realtime bike barometer on market street. the digital display counts the number of people in the bike lane at any given time. bike ridi
for the first time in nearly two years, apple stock price fell below $400. a drop in demand for ipod and iphone products led investors to sell off that stock. shares fell from an all-time high in september of $705 to close at $402 yesterday. >>> 4:52. coming up, realtime validation. why one bay area city wants to start counting cyclists. >> and the san francisco waterfront lit up to celebrate a new tenant. ,,,,,,,,,,,,,,,,,, >>> we have a pollen count today which favors...
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Apr 18, 2013
04/13
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KICU
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people are looking for clarification from apple. they want to know what is the new product going forward, what are you going to do with all this cash? give me something to work with. they're not happy with their management, they're not happy with their products coming forward, and they're not happy with them sitting on all this money. so, as a result, you see the stock getting punished, and i think that people really need some clarification, and the proof is going to be in the pudding when earnings come out next tuesday. - you are a pro trader. would you position ahead of those earnings? - i think that the stock can go lower, but everything is telling me that it should be a buy. you look at it from a valuation basis, from the way the company is run, just everything about it, and you think, "gosh, how can this stock it too much cheaper?" but, that being said, it can. so, i would position myself to really try to take advantage of the volatility, and i think that is the play here. - trying to catch a falling knife sometimes though. tha
people are looking for clarification from apple. they want to know what is the new product going forward, what are you going to do with all this cash? give me something to work with. they're not happy with their management, they're not happy with their products coming forward, and they're not happy with them sitting on all this money. so, as a result, you see the stock getting punished, and i think that people really need some clarification, and the proof is going to be in the pudding when...
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Apr 18, 2013
04/13
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is cirrus logic's biggest customer so that meant another downbeat note for apple. stock fell 5.5% below $400 a share for the first time since 2011. stocks lower this morning by .5%. hanging just above $400 a share. the tech sector overall under a lot of pressure,er, not looking great to start -- earnings not looking great to start the quarter. google reports after the close. ebay reported yesterday. ist profit was good at $677 million even though revenue grew. it missed on expectations and ebay shares are falling 5.5% in the early going this rnmog. on the economicfront, the labor department reporting that first time weekly unemployme claims rose 4,000 this past week to 352,000. four-week average up to 361,000. still within a range suggesting job growth. market opening lower right now. dow is down 5. nasdaq down 2. s&p down a quarter point. back to you. >> thank you. >>> get this. a 92-year-old pilot makes a smooth emergency landing in florida and it's caught on tape. he did a great job. the plane came in for a landing. there's something missing. the pilot radioed t
is cirrus logic's biggest customer so that meant another downbeat note for apple. stock fell 5.5% below $400 a share for the first time since 2011. stocks lower this morning by .5%. hanging just above $400 a share. the tech sector overall under a lot of pressure,er, not looking great to start -- earnings not looking great to start the quarter. google reports after the close. ebay reported yesterday. ist profit was good at $677 million even though revenue grew. it missed on expectations and ebay...
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Apr 18, 2013
04/13
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KTVU
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one stock we are keeping an eye on is apple. and i just want to pull up the very latest quote on that. apple stock is down $8.5 a share. about 2%. it's now below 400 $400 a share. $394 is where that is. apple stock down 42% from all time high of $705 last september. one money manager says apple could fall into the 300s in the coming weeks. it is now at $394 right now. we'll keep an eye on apple stock. >>> oakland is proposing a budget for the next two fiscal years that calls for spending. the budget proposal also includes two more police academies. however, the city will still need to eliminate 80 positions. the deadline for a new budget is june 30th. the public will be able to weigh in before that deadline. >> time now 7:45. firefighters are investigating an overnight fire that gutted a house in san leandro. started on deal avenue and dowling boulevard. no one was living there. neighbors made sure people living nearby got away safely. >> everybody called from one house to the next. and couple people knocked on everybody's doors
one stock we are keeping an eye on is apple. and i just want to pull up the very latest quote on that. apple stock is down $8.5 a share. about 2%. it's now below 400 $400 a share. $394 is where that is. apple stock down 42% from all time high of $705 last september. one money manager says apple could fall into the 300s in the coming weeks. it is now at $394 right now. we'll keep an eye on apple stock. >>> oakland is proposing a budget for the next two fiscal years that calls for...
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Apr 18, 2013
04/13
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CNBC
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gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think there's an opportunity here. the street numbers still need to get reset. we're 10% below the street for the june quarter. i think once these estimates get reset, that's the point where investors are going to start to get interesting. the southside still hasn't taken those nebs down. that's the real challenge here. >> you thought 450 was the bottom at 455 or at -- when did you make that prediction sflp. >> yeah. it was about three weeks ago. we basically took our numbers down. >> so when it was at 750, you thought the bottom was 700. when it was 7 hup, y
gene, why don't we start with apple. this has been an incredible run up and then an incredible drop. below $400. is this somewhere you saw the stock going? >> no way. this is -- we thought there was a floor at 450, so this is a lot lower than we thought it was going to go. >> and at this point, now that it has reached 400 at least in the intra day trade, does that worry you that there is still more room to decline or do you think at this point it's stabilized? >> we think...
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Apr 18, 2013
04/13
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KRON
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yesterday's drop was due to apple a big part of it. we had bank's stock down and there was a report showing that ipad mini sales start to slow and apple at the lowest level in several years. the stock at 402. the stock was at 7 05 last september. that is a $300 drop for apple and the last seven months. in the next few minutes about three or four minutes we will get the weekly unemployment numbers. that will help change the future. will get a better idea of where wall street is headed once we get the weekly unemployment claims coming out about three minutes. >> talking about the golden state warriors. a team most thought would not make the playoffs. they sealed the six seeded last in of the season as even car is at an all-time nba record three- pointers in a season. >> steven curry one three- pointer short of a single season record. >> second quarter currie, hit the 34 to break a single season record to much as 69th report is made by ray allen. or is led 14 at the half. third quarter, oakland to damian lillard, nice reverse layup to cut
yesterday's drop was due to apple a big part of it. we had bank's stock down and there was a report showing that ipad mini sales start to slow and apple at the lowest level in several years. the stock at 402. the stock was at 7 05 last september. that is a $300 drop for apple and the last seven months. in the next few minutes about three or four minutes we will get the weekly unemployment numbers. that will help change the future. will get a better idea of where wall street is headed once we...
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Apr 16, 2013
04/13
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WETA
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>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget that apple has generated tremendous profits and has over $130 billion on their balance sheets right now. >> it seems that their innovation has been more incremental. what do you think is their next big thing? >> hard to say. i think they will continue to innovate around the iphone and ipad products. i think we will see thinner ipads can and larger screen iphones and new things like fingerprint sensor. we have heard of them working on apple tvs and watches. i think people would use the watches while they are jogging or being at the gym. and there's a lot of people that would buy the apple tv t
>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget that apple has generated tremendous profits and has over...
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Apr 18, 2013
04/13
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shares of apple are up 40% from their high in 2012. apple stockt 5.50% in its trading yesterday. >>> "the new york times"ays s scientists have discovered the degnome of the see la camp. what is that? it's a pre constructed fish rjt they look at how fish learn to walk and breathe air. >>> and the "houston chronicle" says the senate urges obama to pardon boxer jack johnson. he crossed state lines with a white woman for, quote, immoral purposes. he would right johnson's name and correct a historical wrong. >>> the wall screen journal says cars could go mainstream by 2035. experts say they will be able to pile up themselves in stop and go traffic. who pays in a driverless car? >> i want to pass on that. >>> we've been reporting all morn on the texas explosion that killed as many as 15 people. we want to go back to west, texas. manuel bojorquez is there. manuel, good morning again. >> reporter: good morning, gayle. the weather has turned cold and rainy here. that is certain to hamper some of the efforts of the authorities as they look for s
shares of apple are up 40% from their high in 2012. apple stockt 5.50% in its trading yesterday. >>> "the new york times"ays s scientists have discovered the degnome of the see la camp. what is that? it's a pre constructed fish rjt they look at how fish learn to walk and breathe air. >>> and the "houston chronicle" says the senate urges obama to pardon boxer jack johnson. he crossed state lines with a white woman for, quote, immoral purposes. he would right...
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Apr 24, 2013
04/13
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FBC
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this used to be apple. i am to be a -- chilling new multi page spreads, like this full disclosure i am an apple shareholder i and in deep whenever. we have the editor in chief of the tech site being out cool? immigrate timing right to? >> samsung is pouring money into marketing. creating brand new products and marketing. so they have more than one product. neil: i know that you teach don't buy everything you see in the ad but some say that is just apple. >> the samsung galaxy s4 is a high-performance excellent phone we are excited out and we will test it out to see how good it really is but they are building upon success because coming off of the galaxy as three also the note serious -- series but talk about cool and a sexy samsung has managed to create products that people desire said galaxy tablet bigger than the iphone five that is quite a bit bigger people really like that. it is on a different platform but it doesn't matter they also marketed the heck out of this. neil: you heard the stuff about apple
this used to be apple. i am to be a -- chilling new multi page spreads, like this full disclosure i am an apple shareholder i and in deep whenever. we have the editor in chief of the tech site being out cool? immigrate timing right to? >> samsung is pouring money into marketing. creating brand new products and marketing. so they have more than one product. neil: i know that you teach don't buy everything you see in the ad but some say that is just apple. >> the samsung galaxy s4 is...
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Apr 18, 2013
04/13
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KGO
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the apple has changed the way so many people discover music, giving you several ways to find songs based on twitter activity that will bring the most popular tracks and emerging singers. the new app puts art tests front and center. you can go to their profile to see what they listen to. think of it as maybe like a 21st century mix tape if you will. >> the mix tape. >> by the way, the birthday girl has no idea what a mix tape is. >> i do. maybe a mix cd. >> you don't remember it. >> i got to test it out. i was like, that's kind of cool. i'm following about 63 art tests. i can see who they are following. >> it's pretty cool. >> a great idea. >> did you make mix tapes? >> oh, yes. like the spring break mix tape. the breakup mix tape. the i'm in love mix tape. then you make a tape for your boyfriend and give it to him for him to listen to. >> it's now on your phone. >> there you go. >> would you ever imagine that a tabloid could play cupid? that seems to be the case for gwyneth paltrow. she said they were responsible for her and chris martin getting together. it was reported that they were h
the apple has changed the way so many people discover music, giving you several ways to find songs based on twitter activity that will bring the most popular tracks and emerging singers. the new app puts art tests front and center. you can go to their profile to see what they listen to. think of it as maybe like a 21st century mix tape if you will. >> the mix tape. >> by the way, the birthday girl has no idea what a mix tape is. >> i do. maybe a mix cd. >> you don't...
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Apr 24, 2013
04/13
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FBC
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is apple? >> you have to look a little bit going forward, and apple had strong demand in china, and the number of stores opening there is actually pretty fast. they are going fast there, so that's one thing so keep an eye on international growth, but also look at the fundmental disruption apple's doing now. interesting piece of data, the increase of ipad unit sale, year on year, jives up really nicely -- increasedby 8 million yiewns, that's about how much the pc market declined if you add up -- gerri: wow. >> add up hp, dell, and others. gerri: very interesting, and, yet, those profits this quarter down for the first time in ten years, and personal look at tha and think it's over. new management, concerns that steve jobs is not there. what do you think? >> it's a maturing company. you see increases in dividends and buybacks. there's been a buyback authorized for ten years, done nothing with i it. today, they promised to spent $60 billion just on share buybacks alone. a hundred billion at averag
is apple? >> you have to look a little bit going forward, and apple had strong demand in china, and the number of stores opening there is actually pretty fast. they are going fast there, so that's one thing so keep an eye on international growth, but also look at the fundmental disruption apple's doing now. interesting piece of data, the increase of ipad unit sale, year on year, jives up really nicely -- increasedby 8 million yiewns, that's about how much the pc market declined if you add...
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Apr 17, 2013
04/13
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KRCB
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the s&p 500 was down 22 and the nasdaq down by 60 points dragged down by shares of apple which dipped below $400 a share today before closing at $402. that after cirius logic hinted at a slowdown in production iphones d ipads. >>> jp morgan chase with a 3.5% decline. bob fasanni has more on today's action in the markets from the floor of the new york stock exchange. >> reporter: it was another whip saw day that started ugly right off the bat. the problem is that key commodities like copper, aluminum and nickel were again dropping at essentially 52-week lows, all on concerns out slowing global growth. key commodities hit 52-week lows as well. and while commodity stocks like materials and energy suffered, there were also notable decline in industrials and in financials like bank of america which missed earnings estimates. and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing iphone and ipad sales. the market stays a modest midday whetheword being made in the boston marathon investigation and, again, moved down toward the close. >> the proble
the s&p 500 was down 22 and the nasdaq down by 60 points dragged down by shares of apple which dipped below $400 a share today before closing at $402. that after cirius logic hinted at a slowdown in production iphones d ipads. >>> jp morgan chase with a 3.5% decline. bob fasanni has more on today's action in the markets from the floor of the new york stock exchange. >> reporter: it was another whip saw day that started ugly right off the bat. the problem is that key...
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Apr 24, 2013
04/13
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KRON
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of the decline in apple stock price has been very frustrating to all of us, but apple remains very strong and we will continue to do what we do best. tim could continue to told investors to hold on to their hat. we remain very optimistic about our future. we have some really great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware that we cannot wait to introduce. we've got a lot more surprises in to the work. so in september we can expect in a phone, ipad and most likely they will enter a new market. my guess is tv. it showed their version of a television set. that will be huge. but, will talk about that in the fall. cooler temperatures in were from 5 to 10 degrees from what we saw yesterday. it was 85 and fairfield and 82 and pleasanton. for san francisco, we hit 73 degrees this afternoon, but that quickly dropped because of the sea breeze wins. debitors right now are a lot cooler especially near the coast line. 53 in santa rosa. still pretty mild for inland valleys. we are expecting cooler conditions into tomorrow. that is going to
of the decline in apple stock price has been very frustrating to all of us, but apple remains very strong and we will continue to do what we do best. tim could continue to told investors to hold on to their hat. we remain very optimistic about our future. we have some really great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware that we cannot wait to introduce. we've got a lot more surprises in to the work. so in september we can expect...
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Apr 23, 2013
04/13
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. >> i've got the apple numbers. >> what are the apple numbers, jon? >> the revenue for this quarter is actually coming in above expectations at $43.6 billion, eps, $10.09. guidance, though, disappointing, as gene indicated. he was expecting at the midpoint they were guying to is $34.5 billion and the gross margin, 36 to 37%, which is a little bit below where wall street was looking, from what i have seen, maria. i'll go back through and take a look at the units as well. looks like iphones did 37.4 million units, ipads did 19.5 million units. both of those, pretty strong based on the range where we were looking, as far as what wall street was expecting. i'll have mac units and those things in just a moment. >> jon, you keep looking through those numbers. thank you for that quick flash on apple for us. so, we've got the numbers. the actual earnings and revenues, above expectations, but the guidance, as you indicated, gene, right on the money, it is disappointing. you were in the middle of a thought there, james. please continue your thought and any chan
. >> i've got the apple numbers. >> what are the apple numbers, jon? >> the revenue for this quarter is actually coming in above expectations at $43.6 billion, eps, $10.09. guidance, though, disappointing, as gene indicated. he was expecting at the midpoint they were guying to is $34.5 billion and the gross margin, 36 to 37%, which is a little bit below where wall street was looking, from what i have seen, maria. i'll go back through and take a look at the units as well. looks...
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Apr 17, 2013
04/13
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FBC
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apple stockholders. there are two groups of apple stockholders. those that bought above $400, which it closed at at that. and those that bought below. if i bought apple at above $400, should i sell now and cut my losses or should hold on and wait for things to get better?. >> the problem for waiting to see things get better we don't see anything between now and the end of the year to cause it to get better. with could see some new products hit and exceed our demand forecations, and if that happens, we put that a lower probability we would expect the stock to be range-bound at best. our advice if you can't weather through the end of the year you probably want to stay on the sidelines. >> wow! so i guess the answer to the other question, if i bought below $400, i should get out now and count my blessings, right? >> basically. we've been writing about this for the last few months and taking a lot of heat from a lot of media and other sectors and the reality is that it is always difficult. we were one of the biggest bulls for ten years on apple. david
apple stockholders. there are two groups of apple stockholders. those that bought above $400, which it closed at at that. and those that bought below. if i bought apple at above $400, should i sell now and cut my losses or should hold on and wait for things to get better?. >> the problem for waiting to see things get better we don't see anything between now and the end of the year to cause it to get better. with could see some new products hit and exceed our demand forecations, and if...
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Apr 18, 2013
04/13
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FBC
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i am an apple fan boy. i am surprised by how well i am surviving. [ laughter ] stuart: aren't we all. thank you very much, indeed. very good stuff. we appreciate that. thank you. i want to go to the call. i have verizon with a brand new high. nicole: the shareholders are loving this one. the stock is up almost 4% at the moment. the dow is still to the downside. they did come out with their numbers. they beat the streets. that is good news for verizon. stuart: i see apple right at $400 a share. nicole: it was at 398 at one point today. stuart: it dropped below 400 comedy buys it to just get it above 400. nicole: one of the analysts this morning said it is just getting reiterated a buy rating. there are still people on wall street who love it. stuart: okay. 400. right at 400 as we speak. we are on that all day long. thank you very much, indeed. it is though gold price time. where are we this morning? we are up two dollars. 1385 is where we are. obamacare has a third world experience. obamacare but the train w
i am an apple fan boy. i am surprised by how well i am surviving. [ laughter ] stuart: aren't we all. thank you very much, indeed. very good stuff. we appreciate that. thank you. i want to go to the call. i have verizon with a brand new high. nicole: the shareholders are loving this one. the stock is up almost 4% at the moment. the dow is still to the downside. they did come out with their numbers. they beat the streets. that is good news for verizon. stuart: i see apple right at $400 a share....
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Apr 17, 2013
04/13
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they have apple in them. that's probably why they are outperforming on the downside even more than the dow. the nasdaq now below its 50-day moving average. we're also going to be talking a lot about gold and copper to see what they are telling us when it comes to the world economy and what clues they can provide to the sell-off we're seeing today. the renewed sell-off after yesterday's rebound. here's what we're following -- golden student. it's the widowmaker of the year, but the sell-off in gold, and miners, that we'll be talking about. is it overdone? jenna godfrey will join us. bank on morgan stanley. bankers aric thatting a beating after bank of america's weak report. will morgan stanley post better results? two of our traders debate. >>> first, the top story. the sell-off returns. energy, technology, financials, industrials leading the declines. consumer staples doing poorly as well, and theoretically they should be a defensive sector. what is the way to navigate the massive moves this week? good thing
they have apple in them. that's probably why they are outperforming on the downside even more than the dow. the nasdaq now below its 50-day moving average. we're also going to be talking a lot about gold and copper to see what they are telling us when it comes to the world economy and what clues they can provide to the sell-off we're seeing today. the renewed sell-off after yesterday's rebound. here's what we're following -- golden student. it's the widowmaker of the year, but the sell-off in...
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Apr 23, 2013
04/13
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FOXNEWSW
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apple out with numbers that -- well, they're kind of middle ground. you have revenues, overall sales that were a little less than expected. slightly less. still around $10 billion worth. but you have earnings that were a little less -- i should say 43 dental, earnings that -- $43 billion and earnings -- bottom line the company is announcing a $50 billion share buyback. and it is going to significantly add to the buying of shares joust standing. the idea is to go ahead and buy back shares to presumably lift the stock price. right now it is not doing much for the stock price because in afterhours trading, barely budging, down around $403 a share. to give you a sense of the strength of the company overall says, it sold 37 million iphones verse 35 million a year ago. 19-1/2 million ipads versus 11 million a yearing a. the same up in as imacs a year ago, four million, roughly the sam number of ipods. didn't anyone blitzkrieg you with the numbers but palestine for -- but bottom line for apple, not a bad quarter, but it used to just way overwow, and that mig
apple out with numbers that -- well, they're kind of middle ground. you have revenues, overall sales that were a little less than expected. slightly less. still around $10 billion worth. but you have earnings that were a little less -- i should say 43 dental, earnings that -- $43 billion and earnings -- bottom line the company is announcing a $50 billion share buyback. and it is going to significantly add to the buying of shares joust standing. the idea is to go ahead and buy back shares to...
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Apr 23, 2013
04/13
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has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you know now down below 400, that is incandescent no matter who -- inevitable no matter who took over steve jobs, there is a little bit of battle over what to do with cash, that apple sitting on, but, this is a well-run company, i don't know they will find anybody better than tim cook, i think this is a lot of chatter from speculators just saying what they wish all happen. neil: you know, i think what happens we live in a short attention span type society, we have the ceos, on a short leash, they get a grace parting prize but in case of j.c. penney they do not have a language leash to run. -- long leash
has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you...
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Apr 18, 2013
04/13
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and now there is apple. the stock below that key $400. >> america's most favorite stock continues to get sliced, lowering their price target on the stock. it will likely outgrow apple this year. let's get you caught up on where it stands. its lowest level in a . backyou. >> let's take a look at morgan stanley. it has been losing ground as well. right now it is trading at or near its lows of the trading session, down 3 and 3.75%. the investment banks saying that revenues fell 40% in the first quarter. a much sharper decline than goldman sachs or jp morgan simon? >> let's have a look at shares, the revenue overall. >> united health care is in negative territory. medical costs, upsetting enrollment fuelled revenue gains. they expect budget cuts to pressure performance. >> tiler is on vacation. let's take a look at the gun stocks. they have been moving higher. all failed to get the 60 votes needed. president obama reacted with disdain over the vote. >> this was a pretty shameful day for washington. but this effo
and now there is apple. the stock below that key $400. >> america's most favorite stock continues to get sliced, lowering their price target on the stock. it will likely outgrow apple this year. let's get you caught up on where it stands. its lowest level in a . backyou. >> let's take a look at morgan stanley. it has been losing ground as well. right now it is trading at or near its lows of the trading session, down 3 and 3.75%. the investment banks saying that revenues fell 40% in...
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Apr 23, 2013
04/13
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CNBC
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apple and netflix. jon fortt, what are the three things to look for -- maybe there's 20, but give us three to look for when they report after the bell today. >> limiting me to three things. iphone unit sales, gheitance and margins. on iphone a lot of annuals are twegting between 34 and 38 million. one speed bump for the iphone potential is apple had a significant p.r. headache, when central tv blasted the company's iphone repair policies, a nonstop drumbeat of negative headlines are significant considering china was 12.5% of retch last quarter. an important side story to this report also is guidance. apple switched the way they do guidance, sake they'll give a range within which to fall in. will they come in close to the revenue as analysts expect, a little higher, that will influence how the street views june guidance. iphone mix. the more i phones apple sells, and the faster it can lower costs, the higher margins will climb. my best guest is apple will deliver up side somewhere on margins rather than
apple and netflix. jon fortt, what are the three things to look for -- maybe there's 20, but give us three to look for when they report after the bell today. >> limiting me to three things. iphone unit sales, gheitance and margins. on iphone a lot of annuals are twegting between 34 and 38 million. one speed bump for the iphone potential is apple had a significant p.r. headache, when central tv blasted the company's iphone repair policies, a nonstop drumbeat of negative headlines are...
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Apr 18, 2013
04/13
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and apple, down again below 400 bucks. earnings next week, but apple down nearly 3% right now at 391 bucks. guys, back to you. >> lowest since december of '11. thanks, josh. see you later. ubs chairman axel vaber says he thinks investors are in a state of uncertainty. maria bartiromo sat down with mr. vaber in this exclusive interview. >> dr. axel, good to have you on the program. thanks so much for joining us once again. >> a pleasure. >> are you seeing a change in terms of investor attitudes towards capital markets, towards equities in particular, given the fact that recently we've seen a little volatility in the market. are you seeing clients change their strategies? >> well, very clearly, clients at the moment are very uncertain. so i would say we're seeing it pretty much a hands-off period in the market again. january, february, was pretty good in that sense, that the market was actually still running well, but march was more difficult for everyone. so clients are, at the moment, still in a high degree of uncertainty.
and apple, down again below 400 bucks. earnings next week, but apple down nearly 3% right now at 391 bucks. guys, back to you. >> lowest since december of '11. thanks, josh. see you later. ubs chairman axel vaber says he thinks investors are in a state of uncertainty. maria bartiromo sat down with mr. vaber in this exclusive interview. >> dr. axel, good to have you on the program. thanks so much for joining us once again. >> a pleasure. >> are you seeing a change in...
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Apr 24, 2013
04/13
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KGO
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for comparison the late apple c.e.o. held a 97 percent approval rating when he stepped down before 2011. >> the natural air conditioning we are showing you here is in effect but what about later on today. >> it has been affecting air travel. >> we have 30 minutes flight arrival delays at sfo so they are minor but out there and check out our flight tracker at abc7news.com. we are going to talk about how temperatures are 15 to 20 degrees cooler than this time yesterday and nine atand five at oakland and seven degrees cooler in hayward and san jose and four to five in san carlos and mountain view. antioch is at 53 and san jose is 49 and same for san francisco. today we will have upper 50's along the coast with low-to-mid 60's around san francisco and richmond and 68 in oakland and san mateo and low-to-mid 70's for the rest of the bay shore and mid-70's to low 80's inland. now, tomorrow is going to be cooler, with more clouds in the morning and extra sunshine and warmth for the weekend. >> it look like a cool drive with not
for comparison the late apple c.e.o. held a 97 percent approval rating when he stepped down before 2011. >> the natural air conditioning we are showing you here is in effect but what about later on today. >> it has been affecting air travel. >> we have 30 minutes flight arrival delays at sfo so they are minor but out there and check out our flight tracker at abc7news.com. we are going to talk about how temperatures are 15 to 20 degrees cooler than this time yesterday and nine...
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Apr 17, 2013
04/13
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talk apple with me for a couple seconds here. the people who are buying apple at these levels are basing it on dividend or new product. which of those or all of the above? >> all of the above. i think you have to ask yourself has the weak june quarter been factored in? you look at estimates. there's about 46 estimates for apple. ten have been dropped for the june quarter. there's probably still more work that needs to be done to reflect what will accurately happen. >> sew haven't seen the whites of the eyes of the bulls at this point. you need to see sort of that fear just come out there and be exposed by wall street before we can get around apple here. >> you know, look. the march quarter, they did preannounce. that's not likely to be a disaster. and we know june is likely to have weakness. the data points are coming out pointing to that. you are not likely to get much new product in that time frame. but you do have more product coming in the back half of the year. >> but there were margin products and they might have to do prom
talk apple with me for a couple seconds here. the people who are buying apple at these levels are basing it on dividend or new product. which of those or all of the above? >> all of the above. i think you have to ask yourself has the weak june quarter been factored in? you look at estimates. there's about 46 estimates for apple. ten have been dropped for the june quarter. there's probably still more work that needs to be done to reflect what will accurately happen. >> sew haven't...
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Apr 23, 2013
04/13
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i thought it was just apple, actually. >> yes, there is apple, but you also have at&t and yum! brands as well. >> i think we'll focus on europe. the whisper numbers for apple have gotten maybe out of control, but the market has taken so much out of it already, it's poised for upside, i think. >> the expectations are for $10.01 from an apple, but whispernumber.com says it could be as high as $10.56. >> i've heard even $11. >> there you are. we're in whisper number mode right now. thank you, all. good to see you. thanks for joining us. >>> we're headed towards the close, 50 minutes left in the trading day in what has been a wild day again. the dow is up 135 points. we were up 153 at the high of the day. >> you can see it on this chart, which is just so stunning. right after 1:00 p.m. eastern, you can see the dow plunge and snap back almost immediately after the report that, in fact, it was erroneous, that was a fake terrorism tweet from the associated press, because they were hacked. is there any way to prevent this kind of hacking, which had a huge impact on the markets today. t
i thought it was just apple, actually. >> yes, there is apple, but you also have at&t and yum! brands as well. >> i think we'll focus on europe. the whisper numbers for apple have gotten maybe out of control, but the market has taken so much out of it already, it's poised for upside, i think. >> the expectations are for $10.01 from an apple, but whispernumber.com says it could be as high as $10.56. >> i've heard even $11. >> there you are. we're in whisper...
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Apr 22, 2013
04/13
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KQED
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apple does not allow. they have some integration of facebook and they claim to have a good relationship but they would never allow a third party company to take over the front of the phone. >> rose: (laughs) >> we asked that. we asked the facebook people if they asked and they said "well, we hope to." and we're like "are they going to let you?" and they said "we hope to." and i said "they're not going to let you." >> so the official position of google is that this is all fine. we're open source. unofficial position inside i suspect is not as -- >> and mark will respond to that? >> people who love facebook will love this phone. >> can you tell me how all this is changing our lives? how are we different because of all this? >> i think shorter attention span. i think also more reliance on -- the technology is more personal. and it goes for tablet as well as the phones. you know yourself because you use these things that it's a different feeling than sitting somewhere and having that keyboard between you kara
apple does not allow. they have some integration of facebook and they claim to have a good relationship but they would never allow a third party company to take over the front of the phone. >> rose: (laughs) >> we asked that. we asked the facebook people if they asked and they said "well, we hope to." and we're like "are they going to let you?" and they said "we hope to." and i said "they're not going to let you." >> so the official...
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Apr 17, 2013
04/13
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. >> thank you very much from bonds to apple. apple no longer the biggest company in the world. that goes back to exxon. you had chip maker's serious logic. serious logic the only thing dragging apple down today? >> brian, good afternoon. i think sit a bit of a double whamy today. i think it's a combination of those two things. >> apple has lost over 40% of its market cap right? at what point does it become a value proposition? >> on the one hand normally you would by. i think you need to really see the bar reset on earnings estimates. you have got believe they can continue to innovate some of the newer competitors there. >> do you believe they can? >> well, you know, the proof's going to be in the pudding. clearly they have the opportunity to do that. it will be abundant on the software application side. >> you heard they are breaking news that they are coming out with i pudding? clearly they're not. although if they did maybe it would work. as a user of i cloud i can say that i have had a lot of problems with it. apple seems to have had a string of issues. little bits here and
. >> thank you very much from bonds to apple. apple no longer the biggest company in the world. that goes back to exxon. you had chip maker's serious logic. serious logic the only thing dragging apple down today? >> brian, good afternoon. i think sit a bit of a double whamy today. i think it's a combination of those two things. >> apple has lost over 40% of its market cap right? at what point does it become a value proposition? >> on the one hand normally you would by. i...
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Apr 17, 2013
04/13
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let's start with apple making a new 52-week low, slipping at one point below 400 bucks. analysts saying one catalyst for today's sell-off, that weak revenue forecast from apple's supplier, sirius cirrus logic. and bank of america also in the red. worst day for that dow component this year. posting profits and revenue that disappointed the street. and we were watching copper today, the red metal settling at the lowest level from 2011. freeport mcmoran down hard. fairway, priced at 13, above the range, open at 18 on the nasdaq, ticker fwm, surging some 33% in today's session. american express, the global financial services firm reported after the bell, beat on the bottom line, missed on revenue stock following in the after-hours. also reporting, ebay, the world's biggest online market place. first quarter revenue just missed, beat on the bottom line. the issue for investor, revenue guidance. bill, back to you. >> all right, josh, thank you very much. take a good look at this number. 14,545 on the dow. because our next guest says the party's over, if the dow closes at that
let's start with apple making a new 52-week low, slipping at one point below 400 bucks. analysts saying one catalyst for today's sell-off, that weak revenue forecast from apple's supplier, sirius cirrus logic. and bank of america also in the red. worst day for that dow component this year. posting profits and revenue that disappointed the street. and we were watching copper today, the red metal settling at the lowest level from 2011. freeport mcmoran down hard. fairway, priced at 13, above the...
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Apr 18, 2013
04/13
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and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing iphone and ipad sales. the market stays a modest midday whether word being made in the boston marathon investigation and, again, moved down toward the close. >> the problem for the stock market is a simple one. the market has been in an uptrend all year. now we've had two big down days, two days for selling on heavy volume. that's a question whether there is still an uptrend in the market. trend followers are an important part of the market. if they determine there's no more upside to the market, the uptrend could become a downtrend. for "the nightly business report," the new york stock exchange. >> the federal reserve remains steady and upbeat. moderate growth in all 12 of its banking regions over the past 6 weeks with the overall economy getting a big boost from housing and strong auto sales. the central bank also said the economy performed better during march and week's jobs report and the dip in retail sales would indicate. >> but that report didn't do much to boost confidence today. the
and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing iphone and ipad sales. the market stays a modest midday whether word being made in the boston marathon investigation and, again, moved down toward the close. >> the problem for the stock market is a simple one. the market has been in an uptrend all year. now we've had two big down days, two days for selling on heavy volume. that's a question whether there is still an uptrend in the market....
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Apr 18, 2013
04/13
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apples to apples comparison, melissa. the big theme park companies that are comparable are really subsidiaries of disney or in the case of, you know, universal, of course, subsidiary of comcast. so there's really not a direct comparable. the closest would be like you said six flags and cedar fair. compared to them, the valuation is a little bit rich. you do have to adjust, of course, for the debt as jean said, there is this 1.8 billion in debt. we did hear about that price about 20 minutes ago, at $27. we understand it could have sold more. but they really do want this thing to pop. blackstone has an interest, of course, in selling additional shares at a high price and the follow on offering and they do have to liquidate their shares over time. >> the bottom line is that you don't recommend it. why do you think there's such a strong investor appetite for this one given the uncertainty in the economy? is it a dearth of similar offerings like this? >> yes, what we're hearing essentially, in this case, it's actually a retail
apples to apples comparison, melissa. the big theme park companies that are comparable are really subsidiaries of disney or in the case of, you know, universal, of course, subsidiary of comcast. so there's really not a direct comparable. the closest would be like you said six flags and cedar fair. compared to them, the valuation is a little bit rich. you do have to adjust, of course, for the debt as jean said, there is this 1.8 billion in debt. we did hear about that price about 20 minutes ago,...